American journalism has experienced a spectacular collapse in the last 25 years – daily newspaper circulation has declined from over 60 million subscribers to just over 20 million. And the trend is accelerating: According to the Pew Research Organization, the average monthly number of unique visitors to the websites of the country’s top 50 newspapers plummeted 20 percent in one year from 2021 to 2022.
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Opponents of foreign funding of U.S. ballot measures expect momentum at both the federal level and in states.
In May, the House Administration Committee advanced a bill to amend federal election law to prevent foreign nationals from contributing to ballot initiatives by closing a loophole, since federal law and most state laws prohibit foreign contributions to candidates. The bill, with bipartisan support, is headed to the House floor for a vote.
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A green nonprofit that is indirectly funded by a foreign billionaire is pressuring broadcasters to drop advertisements that criticize the Biden administration’s massive electric vehicle (EV) agenda.
Climate Power wrote to numerous broadcasters this week demanding that they stop airing American Fuel and Petrochemicals Manufacturers (AFPM)-funded advertisements in swing state markets that rail against President Joe Biden’s plans to impose widespread EV adoption in the coming years. The charitable organization affiliated with Hansjorg Wyss, a Swiss health care mogul and billionaire philanthropist, donates millions of dollars to the Fund for a Better Future, which was the fiscal sponsor for Climate Power until 2023, a spokesperson for Climate Power previously told the Daily Caller News Foundation.
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